• 1411 Fair Oaks Avenue South Pasadena, CA 91030

  • $2,395,000
  • 0
    Bed(s)
  • 0
    Baths
  • 4,034
    Sq Ft
  • 8340
    Sqft
  • Listed By: Jim Rock, COMPASS, DRE #01057765
  • Source: CRMLS

Discover the charm and potential of this stunning 5-unit Spanish style residential income property in the heart of South Pasadena. Boasting with classic architectural details, each unit offers a blend of old-world elegance and modern convenience. The property features two 2-bedroom and 1-bathrooms units and three 1-bedroom and 1-bathroom units. Interior details such as arched doorways, built-ins and hardwood flooring provide a timeless and inviting atmosphere. Each unit is provided with an assigned parking space and access to an on-site laundry room in addition to private balconies and patios. The two units in the front of the property have the added convenience of washer dryer hookups inside the unit. The property has been thoughtfully updated throughout the years including newly installed roofing, updated electrical and fresh exterior paint. Ideal for investors and owner-occupiers alike, this income property presents a rare opportunity to own a piece of South Pasadena's rich history while generating steady rental income. With its convenient location near Mission Street shops and dining, Bristol Farms, Garfield Park, and local Elementary, Middle and High school, tenants will enjoy the best of what the area has to offer.

Property Type :

Residential Income

County :

Los Angeles

Style :

Residential Income

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Property Details

 

Bathroom Information

Total Baths: 0

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Interior Features

Roof : Composition,Rolled/Hot Mop,Spanish Tile

Exterior Property Features : Lighting,Rain Gutters

Interior Features: Ceiling Fan(s),Crown Molding,Storage,All Bedrooms Up,All Bedrooms Down,Bedroom on Main Level

Property Appliances: Electric Range,Free-Standing Range,Gas Oven,Gas Range,Gas Water Heater,Refrigerator,Water Heater

Fireplace: See Remarks

Flooring: Tile,Vinyl,Wood

Cooling Features

Wall/Window Unit(s)

Air Conditioning

Heating Source

Wall Furnace

Has Heating

Fireplace

Fireplace Features: See Remarks

Has Fireplace: 1

Building Information

Year Built: 1921

Building Area Total: 4,034

Construction: Frame,Plaster,Stucco

Roof: Composition,Rolled/Hot Mop,Spanish Tile

Exterior Features

Lighting,Rain Gutters

Foundation

Concrete Perimeter,Pillar/Post/Pier,Raised,Slab

Security Features

Carbon Monoxide Detector(s),Smoke Detector(s)

Accessibility Features

None,No Stairs,Parking,See Remarks

Pool Features

None

Laundry Features

Washer Hookup,Gas Dryer Hookup,In Kitchen

Fencing

Wood,Wrought Iron

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1915

Lot Size Dimensions: 8340

Lot Size Source: Public Records

Lot Size Square Feet: 8340

Listing Price Information

Original List Price: 2,395,000

Listing Contract Date: 2024-01-30

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5319004022

Tax Year: 2023

Annual Tax: 5998.36

Garage and Parking

Garage Description: Assigned,Concrete,Carport,Door-Multi,Driveway Level,Garage,On Site,One Space,See Remarks,Side By Side

Homeowners Association

Rental Info

Lease Term: Negotiable

Tenant Pays: Electricity,Gas

Other Property Info

Source Listing Status: Active

Source Neighborhood: 658 - So. Pasadena

Directions: West Side of Fair Oaks Ave. South of Monterey Rd. North of Huntington Dr.

Zoning: R3

Source Property Type: Residential Income

Area: 658 - So. Pasadena

Property SubType: Apartment

Building and Construction

Property Age: 103

Common Walls: 1 Common Wall

Property Condition: Updated/Remodeled

Structure Type: Apartment

Year Built Source: Public Records

Entry Level: 1

Entry Location: Front

Property Attached: Yes

Levels or Stories: Two

Building Total Stories: 2

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ByOwner last updated this listing 05/03/2024 @ 08:32

MLS: P1-16499
LISTED BY: Jim Rock, COMPASS
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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